case studies

 

 

European Retail Financial Forum

 

 

European Retail Financial Forum (ERFF)

The Need

The European Commission was planning to launch new EU strategies on Consumer Financial Services, on FinTech and on Sustainable Finance. There existed, however, no specific forum on EU retail financial services addressing all aspects of retail financial services where all relevant stakeholders – consumers, business and the EU institutions – could meet around one table, address challenges to cross border services and find practical solutions.

The Solution

The creation of a brand new forum that would welcome all relevant stakeholders. Funded by business members with consumer organisations invited to actively participate in all activities for free, the European Retail Financial Forum (ERFF) was launched in October 2015 at a high level event in the European Parliament hosted by Dutch MEP Sophie in’t Veld.

The Result

Since its launch in 2015, ERFF has created several, mainly MEP-hosted, technical interactive workshops and published a number of consensus papers on a range of issues including the future of retail financial services and FinTech, the innovative use of data and digital on-boarding. These activities help stakeholders understand technical issues that in turn contribute to better policymaking for all.

In addition to the Commission and Parliament, representatives of consumer organisations, the Member States, the European Supervisory bodies and European Data Protection Supervisor have been active contributors at ERFF workshops.

In September 2018 ERFF co-hosted with the European Economic and Social Committee, the EU institution representing civil society, its first annual conference on ‘Consumers at the heart of finance in Europe’.

European Justice Stakeholders Forum (EJSF)

The Need

There existed no forum where legal practitioners as representatives of citizens could meet and engage regularly with EU law and policymakers on major challenges to ‘effective law and justice in Europe’.

The Solution

The EJSF was launched at a high level event in the European Economic & Social Committee. The event, on the ‘Future of Justice in the EU’, was co-chaired by the  co-Chaired of the European Parliament’s legal affairs committee, MEP Pavel Svoboda and Mr Arno Metzler, member of the EESC and with the participation of the European Commissioner for justice Vera Jourova and the Commission Director General of justice, Tiina Astola.

The Result

Since its launch, the EJSF has held an annual plenary with senior legal practitioners and EU policymakers in the EESC on a range of topics on ‘effective law and justice for Europe’. During 2019, in addition to the annual plenary, the EJSF is planning to host a series of focused workshops on major issues facing Brussels-based legal practitioners in their day-to-day work with their clients.